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Wells Fargo Reaffirms Their Buy Rating on Canada Goose Holdings (GOOS)

Tipranks - Tipranks - Thu Jan 15, 4:48AM CST

In a report released yesterday, Ike Boruchow from Wells Fargo maintained a Buy rating on Canada Goose Holdings, with a price target of $24.00. The company’s shares closed yesterday at C$18.76.

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Boruchow covers the Consumer Cyclical sector, focusing on stocks such as Bath & Body Works, Ross Stores, and Burlington Stores. According to TipRanks, Boruchow has an average return of 5.1% and a 50.10% success rate on recommended stocks.

Canada Goose Holdings has an analyst consensus of Hold, with a price target consensus of $14.44.

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The company has a one-year high of C$21.28 and a one-year low of C$9.54. Currently, Canada Goose Holdings has an average volume of 125.6K.

Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GOOS in relation to earlier this year.

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